So, if that was the trustee – Piggington's Econo-Almanac

December 19, 2007 at 4:48 PM #121085

Participant

So, if that was the trustee sale price, then it didn’t really “sell” for that price did it? That’s just what the bank bid at the foreclosure to take the property back. Now the bank needs to sell it at “market price”. Correct?